I use a little Elliott Wave with fibonacci's, along with 3 Moving Averages that I deem significant. I usually hold them for 3 days, typically.
to use the PIVOTS!!! Most guys on here use them for the ES, but they work great for the BONZO'S TOO! ie.) Pivot = (H+L+C)/3 R1 = 2 x Pivot - Low S1 = 2 x Pivot - High
on SUBSTITUTING "TIPS" ( inflation bonds ) for the 5 and 10 year Treasury auctions, leads to huge sell off, one full point off the highs in the March ZB's. Wow!
Treasurys suggestion on substitution of more TIP Auctions! Options expiration today! Looks like someone wanted to screw some option players today, heheheee. Can you say OPPS! (One of Larry Williams favorite trade signals)!!! OH YAAAAAA...
I think the market gods saw Waggie all over every thread tooting his own horn and just wanted to teach him a lesson.
Ouch ... Actually I beg to differ. Even the gods have him on ignore, so they were oblivious to what he was 'tooting.' :eek: